3 ms·
As a non-american and as a person who has never been to SV but love the idea that is described in the article that anyone can start up a company I would like to
by staticelf 9y ago
As a non-american and as a person who has never been to SV but love the idea that is described in the article that anyone can start up a company I would like to adress the points in the article.
1. Your ideas are only as good as the people in the room. And your door is shut to most people.
Well, if anyone can start a company the door isn't shut. I don't buy that white men only invests in white men. I think people invest in companies (for the most part) where investors think they will gain the most money from.
2. Your rainforest of innovation has turned into a factory farm.
Totally agree, this is why startups should bootstrap and perhaps not start up in Sillicon Valley. Perhaps it is better to start up somewhere cheaper.
I think countries of the world should make it easier and less expensive to start a company. That is the best recipee for success in my view. If it is less of a risk to create a company, more people will do it.
I have been wanting to start a company for years but haven't just yet because of the economic game. I am still planning to do it, hopefully pretty soon but I want to save up enough so I can run my company for at least 1-2 years without any other income.
In my country Sweden, unfortunately, smaller companies get taxated pretty hard which makes any earning disappear. You will need a pretty good stream of incoming cash to be able to survive. Since I do want to create a product and not simply be a consultant this is much harder to achieve.
- s73ver_ 9y ago"Well, if anyone can start a company the door isn't shut. I don't buy that white men only invests in white men. I think people invest in companies (for the most part) where investors think they will gain the most money from." Numbers don't lie. And there are countless examples of times where women-led startups couldn't even get meetings with VCs, but after adding a male founder, suddenly were asked to come in for meetings. "I think countries of the world should make it easier and less expensive to start a company. That is the best recipee for success in my view. If it is less of a risk to create a company, more people will do it." Most of the costs are not something that countries can help with. You're still going to need funds for equipment, salaries, and such.
- qbaqbaqba 9y ago>And there are countless examples Do you mind posting any?
- staticelf 9y ago> And there are countless examples of times where women-led startups couldn't even get meetings with VCs Lol, please provide countless examples. I dare you to find even one. My guess is that if you find even one, you will find 10 reverse where women get meetings because of their gender. > Most of the costs are not something that countries can help with. You're still going to need funds for equipment, salaries, and such. What I meant was that new, small companies should not be taxated as much as companies that is established.